A Paint Company Has the Following Aggregate Demand Requirements and Cost

question 2

Essay

A paint company has the following aggregate demand requirements and cost data for the upcoming year by quarter.
$$\begin{array} { c c } \text { Quarter } & \text { Forecast Demand units) } \\\hline 1 & 1,200 \\2 & 1,500 \\3 & 1,900 \\4 & \underline { 1,000 } \\\text{Total}&5,600\end{array}$$ $$\begin{array} { l c } \begin{array} { l } \text { Previous quarter's producton: } \\\text { Bepinging inventory: } \\\text { Backorder costs: }\end{array} & \begin{array} { l } \text { 900 units } \\\text { 0units } \\\$ 60 / \text { unit }\end{array} \\ \text { Iventory holding cost } & \\\begin{array} { l } \text { on ending inventory): } \\\text { Hiring employees: } \\\text { Firing employees: }\end{array} & \begin{array} { l } \text { \$12/unit/quarter } \\\$ 30 \text { unit increase } \\\$ 70 \text { unit decrease }\end{array} \\\end{array}$$
a. Determine the change in workforce costs hiring and firing (employees) if the paint company decides to use a chase demand strategy.
b. Determine the inventory holding and backorder costs for the year if the paint company wants to use a level production strategy, ending Quarter 4 with no inventory.

Discuss the significance of nonverbal communication, including the study of kinesics.

Analyze the effects of information communication technology on communication behaviors and interpersonal skills.

Identify the principles of effective communication within organizational settings and the role of supervisors.

Evaluate the impact of new communication technologies on multitasking and workplace behavior.

---

Definitions:

Fannie Lou Hamer

An American voting rights activist and civil rights leader who played a significant role in the struggle for voting rights and racial equality during the 1960s.

MFDP Delegate

Stands for Mississippi Freedom Democratic Party Delegate, representing an alternative to the then all-white Mississippi Democratic Party at the 1964 Democratic National Convention.

Constitutional Rights

Rights afforded to individuals by a constitution, often including freedom of speech, religion, and the press.

Supreme Court

The highest judicial court in a country or state, often having the authority to make decisions over all other courts.